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India FIMMDA-Thomson Reuters-MIFOR for six mths 5.98 pct
October 16, 2017 / 11:01 AM / in 2 months

India FIMMDA-Thomson Reuters-MIFOR for six mths 5.98 pct

  Oct 16 (Reuters) -The FIMMDA-Thomson Reuters Mumbai Inter-bank
Forward Offered rate          for six months based on the
implied yield using dollar-rupee premium is 5.98 percent on
Monday compared with 5.97 percent the previous day.
    The FIMMDA-Thomson Reuters Mumbai rupee overnight offered
rate(MITOR) based on the cash-spot dollar rupee premium was
6.01 percent on Monday. One-month, two-month, three-month,
six-month and one-year swaps and benchmark rates are given in
the table below.
--------------------------------------------------------------
                   dlr/rupee      In percent    Implied rupees
  (Spot to)       (paise)       (annualised)  Interest rates(%)
--------------------------------------------------------------
  1M(20/11/17)   25.25/26.75    04.31/04.57   05.57/05.83
  2M(18/12/17)   46.25/48.00    04.27/04.44   05.58/05.74
  3M(18/01/18)   68.25/70.25    04.18/04.30   05.57/05.69
  6M(18/04/18)  139.75/141.75   04.33/04.39   05.92/05.98
  1Y(19/10/18)  273.00/275.00   04.20/04.23   06.12/06.15
    Spot rate : 1$ = 64.7603 rupees (Source - RBI reference
rate from Thomson Reuters page                     
    Note: Figures in brackets indicate negative values.
    The US Dollar LIBOR rates are published by the British
Bankers' Association and sourced from the Thomson Reuters page
          .
    The implied benchmark rates will be available on Thomson Reuters
pages by typing          or            followed by the ENTER key
or double-clicking         ,           .
    Refer to Thomson Reuters page            for the calculation
methodology.
    FIMMDA refers to Fixed Income Money Market and Derivatives
Association of India.
  
($1=0)

0 : 0
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